🔴 According to K33 reports, small investors have become more interested in this market and the number of their visits to exchanges and market data platforms such as CoinmarketCap and CoinGecko has increased compared to the months of August to October. This increase can be an indication that retail investors are attracted to the crypto market again due to the recent price growth, however, in terms of traffic, if we filter Trading view, in the rest of the fields, it is still less than the summer of 2022. Is.
Bill Ackman: The price of Bitcoin will increase to infinity
🔸 Bill Ackman, investor and CEO of the capital management company Pershing Square (Pershing Square) believes that the price of Bitcoin can increase to levels that exceed anyone's imagination. Explaining the current cycle that Bitcoin has entered, he says: "The increase in the price of Bitcoin leads to an increase in mining and more energy consumption, an increase in the cost of energy, an increase in inflation and a drop in the dollar, an increase in the demand for Bitcoin and again an increase in the mining of this digital currency. The demand for energy will increase and this cycle will continue." This famous investor further stated that in such a situation, the price of Bitcoin will advance to infinity, the price of energy will skyrocket and the economy will collapse. Ackman also suggested that it might be time to buy some Bitcoin. Of course, this investor went on to say that the problem with such a scenario is that it can also happen in reverse.